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1988 (10) TMI 33

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..... g Assistant Commissioner of income-tax (Assessment), Karnal, held that credit entries amounting to Rs. 85,000 in the books of account of Swastika Metal Works, petitioner No. 1, of which petitioners Nos. 2 to 10 are partners, for the assessment year 1982-83 were not genuine and, therefore, treated this amount as income of the assessee for that year. On the basis of this finding, a criminal complain .....

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